The right of first purchase under this subtitle does not apply to the prepayment of a mortgage and sale of an assisted project if the prepayment and sale are done under a plan of action approved by the Secretary of Housing and Urban Development under § 225 of the Housing and Community Development Act of 1987, 12 U.S.C. § 4107.
Source: Legislative text reproduced verbatim
Effective Timeline
Current
Oct 13, 2026
Click on timeline segments to view historical versions.
References Out
Rules and statutes cited by this regulation
12 U.S.C. § 4107
Not yet ingested
References In
No inbound references recorded yet for this provision.
Related Rules
§ 574.605
§ 574.605 Applicability of uniform administrative requirements, cost principles, and audit requirements for Federal awards.